Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Middleton St Winston-Salem, NC 27107

    • Land
    • 0.43 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Middleton St

    Lot size
    0.43 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 0.43-acre lot, zoned LI, presents a remarkable build-to-suit opportunity in Forsyth County. The property's APN is 6834-73-4346. Pre-approved plans are available for a ±4,400 square foot garage facility, ideally suited for a variety of commercial or industrial uses. The proposed design incorporates four ±770 square foot service bays, providing ample space for equipment and operations. In addition, the plans include a substantial ±1,100 square foot office area, offering comfortable and functional workspace. The site's design also includes 15 parking spaces, ensuring convenient access for employees and clients. This strategically located property offers unparalleled access to major transportation arteries, including I-40, I-74, and US Highway 52, facilitating seamless connectivity throughout the region. Its proximity to a thriving mix of local businesses and residential areas further enhances its appeal and potential for success. This is a rare chance to develop a high-impact property in a desirable location. The single-tenancy nature of the land provides flexibility and control for the future owner-developer. Don't miss this opportunity to create a custom-built facility tailored to your specific needs.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Winston-Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.2269
    Latitude
    36.0597

    Comparable in this City

    • Value Estimation by Request
      21.75 Acres

      Business Park Dr

      Land • 21.75 Acres
      0 Business Park Dr, Winston-Salem, NC 27107
      View Details
    • Value Estimation by Request
      31.50 Acres

      2840 Cole Rd

      Land • 31.50 Acres
      2840 Cole Rd, Winston-Salem, NC 27107
      View Details
    • Value Estimation by Request
      4.31 Acres

      Barnes Rd

      Land • 4.31 Acres
      0 Barnes Rd, Winston-Salem, NC 27107
      View Details
    • Value Estimation by Request
      0.61 Acres

      2405 Markwood Ln

      Multifamily properties • 3,500 SF
      2405 Markwood Ln, Winston-Salem, NC 27107
      View Details
    • Value Estimation by Request
      2.16 Acres

      200 Fred Sink Rd

      Land • 2.16 Acres
      200 Fred Sink Rd, Winston-Salem, NC 27107
      View Details
    • Value Estimation by Request
      59.65 Acres

      4010 Old Milwaukee Ln

      INDUSTRIAL (GENERAL) • 59.65 Acres
      4010 Old Milwaukee Ln, Winston Salem, NC 27107
      View Details

    Similar Nearby for Sale

    • $450,000
      2.45 Acres

      Winston-Salem Industrial Land - $450K

      2.45-acre commercial/industrial lot, build-to-suit option.
      2905 Cole Rd, Winston-Salem, NC 27107
      View Details
    • $705,675
      2.16 Acres

      Prime Commercial Land, Winston-Salem

      2.16-acre US-52 retail parcel, great visibility.
      200 Fred Sink Rd, Winston-Salem, NC 27107
      View Details
    • $350,000
      4.31 Acres

      Winston-Salem Commercial Land - 4.31 Acres

      Prime 4.31-acre commercial lot, ideal for development.
      0 Barnes Rd, Winston-Salem, NC 27107
      View Details
    • $1,468,300
      31.50 Acres

      Winston-Salem Commercial Land Development

      31.5 Acres, I-74 Corridor, Development Ready
      2840 Cole Rd, Winston-Salem, NC 27107
      View Details
    • $1,600,000
      22,100 SF

      Winston-Salem Flex Space Investment

      22,100 SF Flex Space, 9 Docks, Great Location
      3425 Thomasville Rd, Winston-Salem, NC 27107
      View Details
    • Contact for pricing

      Land Package For Sale

      Land being sold as a package with adjacent lot.
      1605 Waughtown St, Winston Salem, NC 27107
      View Details

    Similar Nearby for Lease

    • $4 SF/Yr
      96,248 SF

      Waughtown Street Flex Space Available

      Forsyth County industrial flex space, 25,207-96,248 SF
      1539 Waughtown St, Winston-Salem, NC 27107
      View Details
    • Contact for pricing

      Winston-Salem Industrial Facility For Rent

      Versatile industrial facility suitable for manufacturing, distribution, or warehousing.
      1624 Union Cross Rd, Winston Salem, NC 27107
      View Details
    • Contact for pricing

      Winston-Salem Industrial Facility For Rent

      Versatile industrial facility suitable for manufacturing, distribution, or warehousing.
      1624 Union Cross Rd, Winston Salem, NC 27107
      View Details
    • $144 SF/Yr
      23,759 SF

      Midway Commons Retail Space

      Winston-Salem Retail Opportunity: 1,000-17,595 SF
      189 Hickory Tree Rd, Winston-Salem, NC 27107
      View Details
    • $7 SF/Yr
      17,595 SF

      Retail Space with Loading Dock

      17,595 SF retail space available with loading dock.
      189 Hickory Tree Rd, Winston Salem, NC 27107
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Middleton St
    Winston-Salem, NC 27107
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.